Mark Carney: The future of money

Speech by Mr Mark Carney, Governor of the Bank of England and Chairman of the Financial Stability Board, to the inaugural Scottish Economics Conference, Edinburgh University, Edinburgh, 2 March 2018.

The views expressed in this speech are those of the speaker and not the view of the BIS.

"Everyone can create money; the problem is to get it accepted" - Hyman Minsky

It is a great pleasure to join the inaugural Scottish Economics Conference, which brings together students from six universities with proud intellectual traditions.  I would like to congratulate the students who have shown such initiative in creating this event.  My only regret is that the '#BeastFromTheEast' has prevented me from joining you in person, though given my topic, there is something appropriate about joining you virtually.